Land Banking
Author
Discussion

NAH

Original Poster:

11,752 posts

253 months

Wednesday 15th November 2006
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Has anyone had any experience with this type of investment or companies?

ScottNicol

186 posts

235 months

Wednesday 15th November 2006
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depends wot type of land you want to bank ? how you want to acquire the land ?

There are lots of options available when acquiring land

rich25

282 posts

265 months

Thursday 16th November 2006
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I have done a bit of this. If you want to send me a private mail then I can tell you about what I've worked with and our latest sites. Are you looking to develop yourself or just "turn" for profit?

d5hef

193 posts

282 months

Thursday 16th November 2006
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Be very careful. My experience is that in some cases they are selling you a dream of buying a development plot on the cheap, when the land will never be developed. In effect you are buying a single plot for the price of an acre of agricultural land. You dont have to be a genius to see that someone somewhere will be making alot of money. Do your homework, check with the local planning authorities on the prospects of the site. Dont be fooled by slick marketing campaigns & boasts that plots are being snapped up fast. Just because land near-by has been developed it doesnt mean that it will be. If it was a hot prospect even within the next 10 years or so then one of the major developers would have an option on it and Joe Public would not get a look in.

Things that appear too good to be true often are...

Just my opinion of course

Cheers

ScottNicol

186 posts

235 months

Thursday 16th November 2006
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if anyone is selling anything its usually junk , if you find something its usually a diffrent story